Plans have been unveiled to build a new 250,000 sq ft outlet village in the North of England. Scotch Corner Designer Village will target both tourists and locals and wants to be in the top 6 of UK outlet retail sites.
Describing Bristol as a tech hub, luxury fashion retailer Matchesfashion has announced plans to open a new office in the city, and hire about 70 employees as part of the process.
Giant UK retail landlord British Land is in the spotlight with its longstanding CEO set to exit and the firm close to appointing a successor, according to a report.
Shopping malls giant Hammerson was focusing on its “further progress in portfolio optimisation" in its annual results statement, which underlined the tough times in UK retail at present.
Emmanuel Macron fêted fashion creativity with a gilded dinner inside the Élysée Palace on Monday night, praising the imaginative foreign elements in the industry, but picking out Jean-Paul Gaultier for special praise.
American model and 90s icon, Tyra Banks, is launching a new business venture that merges fashion, beauty, photoshoots, runways, shopping, theatre and the general public.
TJ Hughes is ready to appoint administrators for its outlet business with a report at the weekend saying eight stores will be included in the filing. The represent a “small number” of its total stores across the UK.
Online sales proved weak during January with a 0.4% fall year-on-year, a rare situation for the e-tail sector, which is more used to seeing growth, even if that growth is occasionally quite small.
Europe may be reeling from lower tourist numbers on the back of the coronavirus outbreak, but tourism remains a key source of shopping activity as a new report for 2019 shows.
With its new CEO and short-term funding in place, Laura Ashley has released a weak set of results with losses increasing and even e-tail sales dropping. But the firm is upbeat and sees international opportunities ahead.
Hong Kong retail sales are expected to post their steepest fall on record in January at around 30%, while tourist arrivals in February fell to under 3,000 a day on average, from around 100,000 in January.
A drop in Chinese tourism has been affecting key shopping destinations but the retail sector is hopeful that the recovery could be quick once the coronavirus has been contained.
Laura Ashley issued an unexpected update on Monday along with a “response to press speculation”. The retailer said trading in the current financial year “has continued to be challenging” and it's in talks about funding.
Shopping centre landlord Unibail-Rodamco-Westfield disposed of several retail assets and scaled back its development pipeline in 2019 after facing a “challenging” retail environment in the UK.
Stockmann is forging ahead with its transformation plans and while the signature department store chain is loss-making and the market is tough, the firm is upbeat on its prospects and of those of the more buoyant Lindex.
